Gold and Silver Juniors, Mid-tiers and Producers Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: John McCarthy	11/9/2006 9:06:54 AM
	of 78416

SEVERE EDIT >>>>>>>>>>>>>>>>> Apparently the Treasury doesn't report its repo auction results in the Fed's report since last Thursday's maturities in the two operations didn't match. It's difficult to call this operation "secret" if financial institutions have been using it for three years to increase their liquidity. But folks I asked on the trader side of the investment community if they had never heard of this arrangement. Experts worry whenever there is too much money - liquidity - in the financial system because it can lead to things like price spirals in the housing market and bubbles in stocks. But even more worrisome for the financial markets than too much liquidity would be an inability to track the amount of money being pumped into the financial system. Unless I find out differently, it looks as if the Treasury has created a way to duplicate the Fed's power. And that is a disturbing possibility unless it is somehow monitored. john.crudele@nypost.com >>>>>>>>>>>>>>>>> FULL ARTICLE nypost.com Originally posted here: Message 22993355 regards, John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next